Mutual of America Capital Management LLC Sells 28,322 Shares of Easterly Government Properties, Inc. (NYSE:DEA)

Mutual of America Capital Management LLC lowered its holdings in Easterly Government Properties, Inc. (NYSE:DEA) by 9.8% in the 4th quarter, HoldingsChannel reports. The firm owned 259,332 shares of the real estate investment trust’s stock after selling 28,322 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Easterly Government Properties were worth $3,485,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Sunbelt Securities Inc. bought a new stake in shares of Easterly Government Properties in the 1st quarter valued at about $29,000. Massmutual Trust Co. FSB ADV raised its holdings in shares of Easterly Government Properties by 2,550.6% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 2,200 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 2,117 shares in the last quarter. Point72 Middle East FZE bought a new stake in shares of Easterly Government Properties in the 4th quarter valued at about $30,000. Tower Research Capital LLC TRC raised its holdings in shares of Easterly Government Properties by 137.3% in the 1st quarter. Tower Research Capital LLC TRC now owns 2,684 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 1,553 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new stake in shares of Easterly Government Properties in the 1st quarter valued at about $39,000. Institutional investors own 86.51% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd.

Easterly Government Properties Trading Up 0.5 %

NYSE DEA opened at $11.21 on Thursday. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.92. The firm has a market cap of $1.15 billion, a PE ratio of 58.98 and a beta of 0.67. The company has a 50 day moving average price of $11.53 and a 200 day moving average price of $11.95. Easterly Government Properties, Inc. has a 52 week low of $10.27 and a 52 week high of $15.21.

Easterly Government Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 18th. Shareholders of record on Wednesday, March 6th were given a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a yield of 9.46%. The ex-dividend date was Tuesday, March 5th. Easterly Government Properties’s dividend payout ratio is presently 557.92%.

About Easterly Government Properties

Easterly Government Properties, Inc (NYSE: DEA) is based in Washington, DC, and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly's experienced management team brings specialized insight into the strategy and needs of mission-critical U.S.